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Cycle Trading

“Burning holes through the ceiling left and right”

Jack Dog, 2012

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Trondtveten made an interesting observation over the weekend and yesterday …
>>Quite Interesting that the $ is now coiling under the 10 year declining trendline. Couldn’t that be to build up energy for an upside break through that resistance?<<
Seems that major break up is indeed what's taking just now, and that coil might in fact be a result from labour of the 10 year trendline resistance being worked trough.

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It seems that in the overnight the dollar continued “burning holes through the ceiling left and right” (thanks Jack Dog)

And now it appears to be testing the declining 10 year trend line.

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We will see if Ben allows the dollar to …

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8 responses to ““Burning holes through the ceiling left and right””

  1. Jack Dog Avatar
    Jack Dog

    Likesmoney,
    Your to ” cool “. The drawings you come up with just have to be made my you some times!
    Jack Dog

    Reply
  2. Jack Dog Avatar
    Jack Dog

    Likesmoney,
    Remember back when I was in hospital and told you about an article that had all the rational for a ‘ one to one ‘ ratio for the Euro / $. It was written couple years ago, MAN really wish I could find it. This guy’s reasoning of the events that could take place would have the potential to drive the next worl recession. My best memories of the article are slowly coming true. He stressed Europe was headed into big problems, extreme devaluation of the Euro along with the logical reasons for the Euro block to break-up and US Fed right behind with efforts to keep the US Market alive. And, because of the amount of time it would take for the world economy to stablelize again, the Euro / $ would likely be at par again.
    Wife and I are still trying to find it. We read it on the webb so hopefully it is still out there.

    Reply
    1. likesmoneystudies Avatar
      likesmoneystudies

      Jack Dog,

      I remember.

      I gave it a good faith effort then but came up with nothing.

      I gave it one more shot today, see if this link is what you where thinking of.

      http://www.rawfreedomcommunity.info/forum/showthread.php?p=68586

      Reply
      1. Jack Dog Avatar
        Jack Dog

        Likesmoney,
        No it isn’t. Wife seems to think the guy’s first name was Adam. Still looking.
        Jack Dog

      2. ALEX Avatar
        ALEX

        JACK DOG

        Try ADAM HAMILTON—He is quite sharp, but i dont have time to search for it myself (sorry)

  3. Elaine Avatar
    Elaine

    Here is a link to a video with Mary Ann Bartels from 2010, pretty interesting

    w.youtube.com/watch?v=rmEKRFsKoF4

    Reply
  4. Wed, May 16 – Washout With Wonder Wednesday OR Woeful Wasted Weak Wednesday? – Page 4

    […] 212 every nice post by LM today. The line in the sand for USD is here – “Burning holes through the ceiling left and right” | Cycle Trading […]

    Reply
  5. Jack Dog Avatar
    Jack Dog

    Likesmoney,
    Someone needs to take the $ off the Oxygen!
    JacDog

    Reply

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